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and disclosure, the government wants to regulate this. if it is an ad, have to say it is an ad. somehow dennis kneale has a problem with all this. connell: we are happy to give dennis a venue. plus, the cyber threat. we heard it last week, now here it is, issue number one for many ceos. many have met with president on this very issue coming up. first a look at currencies and how they are faring against the dollar today. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's jusone reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge
the dennis: i am dennis kneale. lori: i am lori rothman. flipping ahead of the all important jobs report. dennis: spring cleaning at facebook. we are live at the social media giant headquarters has facebook unveils its new look. lori: president obama steps up. the hopes reuniting talks i installed budget deal. dennis: how to break out of the office grind. we have had some well researched tips on how to stay health happe job. lori: time to check in with nicole celebrating a major milestone with 25,000 hits today. nicole: up one third of 1%. all three major averages have hit, record highs for a certain extent, nasdaq and s&p multiyear highs, all-time record intraday highs. they felt their lowest level in more than a month in the week, so that is some good news. productivity and labor cost basically shows americans are working long hours, but extremely productive. take a look at names of the dow jones industrials actually hitting multiyear highs, names including pfizer, johnson & johnson, boeing, jpmorgan. the highest levels since before the recession hit, so jpmorgan getting a nice
around here. welcome, then this field. dennis: sam stovall for bulls and bears alike. what that signals for the market. melissa: kevin brady joins us with his warning on america's growing debt problem. dennis: president obama black on capitol hill for the third straight day. after rounds of discussions, are we anywhere closer to a budget deal? will dobbs has that story. melissa: carnival having yet another problem with one of its ships. dennis: time for stocks now as we do every 15 minutes. our own nicole petallides is standing by. nicole: we are really seeing another wedding day here on wall street. we got good economic numbers. many of these people are surprised. to see up arrows again and had the eighth consecutive record all-time close for the dow. we are up about 62 points right now. not too far off from our session and all-time highs. some of the names that are helping the dial along our hewlett-packard, chevron and ibm. this is a five-year chart. you can see we are up about 120% off the lows for the dow jones industrials. obviously, now at 14500, much better than 6500. back to yo
throughout the day from california. the business covers with dennis kneale and cheryl casone. they are looking at the gambling business. they will be taking investment questions in this area. go to, send in questions via twitter. the app fox business account. you can do that right now, if you would like. dagen: samsung meantime debuting its newest smart phone, the samsung galaxy s4. connell: shibani joshi got a chance to take a look at it. we talked yesterday about whether or not this is an iphone killer. shibani: i think this can work. the geeks out there, thh phone geeks, just like myself, they were excited about this unveiling. they showcased the brand new smart phone that everybody wanted to see. the samsung galaxy s4. part tablet, part phone. it is now eyes that do the moving. this phone, across the board, being called heavier, dancer, just a clunkier iphone. not too impressed. is this the iphone killer? >> we try to make sure that we do not characterize our device with competitors. we are trying to demonstrate the very unique features of it. shibani: the phone is availa
it is going back to how they handled the letterman leno changeover. it is not even the same management. dennis: the son of a legendary broadcaster. steve burt has a real problem on his hands. the today show is a half a billion dollar a year business. you have this with devastating cover story in new york magazine . it reports that lower himself may go over and pervasive alec trebek. and curry got blamed for this. you have to see what they will do to fix the problems. dagen: i can't wait to see how many bodies end up under that bus. dennis: can not survive? dagen: i do not know. dennis: likability is the single most important currency in early morning. dagen: thank you. dennis kneale. going back to nicole petallides at the new york stock exchange with blackberry. a surprise today. a good one, in fact. nicole: blackberry and five below. here is a look at blackberry. the sales that they have been seeing -- they have that million unit order. you see the stock with an up arrow. let's take a look at philadelphia five below. it is a discount store. very favorable with the teams. margin edge downward.
software. so there's those stocks today. symantec is up, check point is down. next week, dennis kneale will be talking. dagen: stocks now and sandra is looking at food stocks. new all-time highs. >> yeah. on a down day for the markets, food stocks considered a safe haven by many investors. they continue to get a lot of attention. hershey and hormel hitting all-time highs in today's session. con ag ra hitting a 15-year high. they're outperforming the 6% gain of the broader stock market as the measure by the s&p 500. but guys, this is investors buying stocks, names that they know. hershey the name band -- candy bar. investors really flocking to the names they're comfortable with and that they know right now. while you're seeing those green arrows, broader stock market in the red. take note we're well off session lows and in fact, the nasdaq looking like it might kick into positive territory, just down about .2% right now. so continue to watch that. back to you. dagen: thank you. connell: as if washington doesn't have enough on its plate, a winter storm being dubbed the snow quester. dag
and florida that still have a chance in it. final four coverage, this is interesting, dennis is here. final four coverage could be moving off of network to cable. dennis: under the 16-year contract that cbs shares for march madness with turner, time warner's turner outlooks, it's going to move to cable some year and the final four could move over to tbs or tnt next year and thereafter, alternate every other year for cbs. you know, the last big thing the networks have to claim is those huge exclusive one time live events where millions of eye balls tuning in and now they're starting to lose even that. the college football championship series moved over to cable in about 2010, 2011. dagen: how did the ratings change? could they hang on to all viewers they had? dennis: they're getting up there with fox 27 to 30 million range since it moved to espn so cable can bring in just as many as a big broadcast network and cable, you'll remember, has two revenue streams. advertising and it has cable subscriber fees and more systems are charging extra for sports because espn is the most expensive network
: dennis rodman's visit nothing to laugh at now. snow meantime in the midwest with a drought stricken state fair. more ahead. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. >> 23 minutes past the hour, this is your fox news minute. an italian court has sentenced former prime minister to a year in jail for his role in a wiretap scandal. in 2005 in newspaper legally published transcripts of wiretap conversations. he is expected to appeal it will not face jail time during the appeal process. at the vatican, they've received a briefing on the catholic church finances but after four days of meetings the cardinals
, but they could make the announcement tomorrow morning. denny's is dropping its expansion plans in southern china. the company plans to develop this the franchise restaurants over the next 50 years. that is the latest from the fox business network giving you the power to prosper. ♪ friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take iworldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. connell: rolling right along here on markets now. that was a lot of fun with neil cavuto. let's get serious. our next guest says the careful in terms of how you enter. we have the chief economist from chase private client. >> believe it or not, the economy is improving. that is one of the things that makes me optimistic. even that consumer spending will be weak in the first half, it will accelerate. expenditures will continue to be robust and i also think the housing market recovery is well underway and continue throughout the year. these backdrops are
. dennis: why not take a snow day? much of washington shut down by snow, though the house will vote on extending the budget this hour. but then it will quickly leave for the rest of the week. cheryl: and counter attacking against the cyber threat. our week long series continuing with the c.e.o. of a company with counter attacks against businesses. but at what price? dennis: top of the hour, stocks now every 15 minutes. nicole at the new york stock exchange and the dow keeps going to new highs. >> we saw the dow above that 14,000 mark and setting those record highs only to watch it during the financial crisis drop down to 6500 so a lot of bulls out there are celebrating that not only did we break through those numbers yesterday but also are continuing this trend today with this upper momentum. the nasdaq is pulling back and the s&p 500 virtually flat sitting at 1540. we are seeing a lot of names in the green. bank stocks are doing well. i want to take a look at boston scientific. obviously a popular name in the medical field as doctors have a rare fuse malfunction in the newly implan
will the twinkie be back on the shelves? cheryl and dennis know and they have the story at the top of the next hour. take a look at some of the winners today on the nasdaq. ♪ connell: we are back on what we are loosely calling smoke watch for the next two and a half hours or so. we will be paying somewhat attention to the chapel and the chimney above it to see what type of smoke comes out. earlier today it was black smoke indicating there is no new pope to. between now and 215bm eastern time, we should see some more smoke. if we were about to get it in the next few minutes while we are still on, it most likely would be white. they will burn both of the ballots together so that we will only see the smoke rising together. if the first vote was a yes, you would see the white smoke sooner rather than later. dagen: elizabeth macdonald is here to talk about the federal aviation administration approving boeings plan to redesign the batteries in the 787 dreamliner. liz: this story is deeper than the reports are indicating. they will stress test the batteries before they will allow the planes to be put ba
. that is right. jeff flock will be flexing his lungs shouting over those traders. cheryl and dennis will also be taking your comments on our twitter feed. ♪ friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline mes take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. ♪ >> hello. we're coming up on noon eastern here on markets now. a lot of breaking news to cover during the hour. first, there was this. over 200,000 jobs added in this country. economists saying we need this every month to keep the economy on track. can we do it? >> the big crop report. farmers, listen up. we're taking your comments on our twitter feed. cheryl: comments already coming in from all of you, and there is this. naysayers be where. those of you concerned about investing in this market will get a dose of happy madison before the next break. dennis: we graywacke -- wrapup this week's cyber threat series. will we see a major cyber attacks? when will that happen
highs in more than a dozen years. cheryl and dennis ahead with a trader who says you have not seen nothing yet. connell: soda ban and reactions ahead from the restaurant and theater association. keep it here. "markets now" continues in justa a mokement. ♪ all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i d
shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. dennis: together again and they said it wouldn't last. cheryl: it is noon eastern time on markets. here's a question for you k. it happen here? cyprus banks remain closed. $13 billion bailout is moving forward at a big cost for deposito depositors. dennis: and buick's brass will talk about the new rollouts at the new york city auto show. cheryl: up, up and away. the home price index seeing the biggest jump in seven years. is it time to believe in this housing recovery? dennis: and former ambassador to the u.n., bill richardson on the cyber threat. are sanctions against china a necessity? we have stocks every 15 minutes. nicole at the floor of the new york stock exchange where the dow is feeling good. >> it is feeling good. you know, i was looking to see at our all-time intra day highs and that was 14,563 and we had gotten close to that. we were within 10 points of that. s&p 500 was within a few points of breaking through its closing highs so you are seeing up we've gotten in economic news to
tomorrow and a new attack, the largest of its kind pulling websites around the world. cheryl and dennis are on top of those stories as "markets now" continues. a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. er ]d my cash back kit shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ the [ male announcer ] how can power conmption ichina, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we undersnd the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary
is limitless. dennis: we're at rally mode and that make me happy. cheryl: good news from china today. it has the balloons and confetti raining down on wall street. it hits the all-time high and then blows right through it and the bulls are still running. dennis: we waited almost 5 1/2 hours for this and we're covering all the an he wills. charles payne is here with us, sandra smith also in the studio with us and we'll begin with nicole on the floor of the new york stock exchange. >> it has been action packed. we've seen a market moving to the all-time record highs. there's obviously skepticism, caution to this market. however, you can't deny that so many people who were hit during the financial crisis are celebrating today on the day where we're back to the levels and beyond that we were at back in 2007. right now you can see the dow jones up about 150 points. that's worth a full percentage point. you're seeing a majority of the dow components into the green. the retail stocks, bank stocks all in the green. hewlett packard is doing well today and also the best of 2013. traders as i noted, so
obama making his case to the american people. i'm dennis kneale here with tracy byrnes. the president still hopeful for compromise, way to come of the smarter cuts than the sequester called for but only if republicans will agree to tax increases yet again after weeks of stoking the big crisis he now says not every american or americans won't feel at all. even strayed into gay marriage for some reason. let's go to wayne rogers one of our contributors and ask what do you think of the president's comments? >> i found the holding of fraud if you will forgive me. that may sound like a drastic word but here's a man talking about the middle class and people who sweep the floors in the white house and the people who are going to lose their jobs. meantime he takes a trip to florida costing $3 million of taxpayer money to play golf with tiger woods. the guy should start at the top. if he really believe this, and i say this to you mr. president, start right there in the white house. mayor bloomberg who runs the city of new york, the largest city of the united states takes $1 year. that is whaa h
'm dennis kneale with your fox business brief. eisnaugle, baby. intercontinental exchange reportedly agreeing to cap fees on soft commodity trading for five years as it tries to win governmental approval of the deal to acquire nyse euronext. according to "the wall street journal" i.c.e. may set up customer committees to advise on the new york stock exchange's soft commodity markets. those moves follow customer concerns about the planned merger between those two exchanges. >>> abg technologies posting its biggest one day drop since going public just over a year ago following news ceo jr smith has resigned. the dutch maker of anti-virus and security software says smith will stay in the position until a successor is named. >>> on the upside stocks modestly higher following a better than expected report on jobs, blue-chips hit intraday high and the dow is up 44 points. liking that. tracy: almost five years since the height of the financial crisis. americans have finally regained the $16 trillion of household wealth that we lost during that recession. that is according to the fed but do m
could move to cable as early as next year. dennis kneale covering this story and joins us now. dennis. >> hello, ashley. kind of a good news, bad news thing for cbs because they're raking in some really good ratings so far in the first week of march madness, the college basketball tournament. cb. is putting out a press release moments ago saying this is some of the highest ratings that the basketball product has brought in over 20 years. just one problem, variety, the trade paper, reports that under cbs's contract with time warner's turner networks the games, the final four in march madness move to cable a at some point. sources telling variety and other publications that could happen as early as 2014. that is next season. that's a blow for cbs as the big broadcasters, the big four have steadily lost audience to the cable dial, the one thing they still control is really, big, exclusive live events you can't see anywhere else. more of those events are defecting over to cable. let's remember in 2011 for the first time the college football championship game ended up going to espn from th
/reward. take on more risk. you're rewarded more hand somely. melissa: you're wild and crazy. lori: dennis kneale we're office neighbors. he is an eternal bull. melissa: i like that. more patience, more money. states grappling how to implement president obama health care overhaul. lori: no love lost, between at&t and t-mobile, the companies were once set to merge. now they're launching an all-out attack against each year. >> yield on the 10-year is rising. we'll be right back. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >> i'm dennis kneale with your fox business brief. stocks flipping from record territory on concerns from the global economy. the blue-chips pulled back from five-year highs. the dow is down 14 points at 14,075. >>> irish drugmaker elan will offer a 20% cash dividend linked to the performance of hits multiple sclerosis treatment. but the payout is contingent on a deal with biogen
companies are ready to jump in. dennis kneale on the push for online wagering next. ♪ . all stations come over to mission a for a final go. this is for real this time. step seven pointtwo one. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >> good afternoon, everyone, i'm sandra smith with your fox business brief. it is a bearish day on wall street, putting the dow's 10-session run in jeopardy. the s&p 500 is also backing off from its near record closing high. even as the point gone faces budget cuts and forced employee furloughs the department spends nearly a billion dollars a year on unemployment benefits for former troops who left the military voluntarily. eligibility for military compensation requires only that a person serves in uniform and was honorably discharged. >>> if you didn't bother filing a federal tax return for 2009 you could be missing out. the irs says it will claim $917 million in uncl
us all-star panel of guests. we have former mike duggar and dennis kucinich. we have tracy byrnes and charles payne here in the studio. nicole petallides at new york stock exchange. and we have jeff flock at the cme. wow, that is a lot of people. michael cox, give me your reaction to the economic forecast and to the decision? >> i still think they're forecasting growth a little too high. if you look the growth is 1.4%. doesn't see any reason for pickup from there. i'm most worried about the bubble that the fed is creating in assets or the stock market. the stock market, any rational pricing of stocks, level. dow depends on gdp growth, it depends on interest rates and depends on the tax rate. interest rates have nowhere to go but up. and by my calculations each one percentage point increase inside 10-year treasury note rate will cause a nine to 10% decline in the stock market. so the present discounted value of expected future returns goes down when interest rates go up. i think is the fed is painting us into a corner and themselves into a corner with historically low interest rate
points at 14,439. >>> casual dining restaurant chain denny's dropping the expansion plans in southern china. the company was planning to develop 50 franchise restaurants with great china international group over the next 15 years, the first of which was supposed to open this year. denny's has not provided details why this deal was terminated. >>> hostess brands creditor silver point capital and hedge fund reportedly expressed interest in buying hostess snack cake brands including those twinkies according to "the new york post." private equity firms apollo, global management and cd set a minimum offer of $410 million in january to buy the unit. that's the latest lori: morgan stanley in talks to make an addition to its executive management team. fox business senior correspondent charlie gasparino joins us with exclusive details on the telephone. hey, charlie. >> hey, guys. we should point out there is no word yet from morgan stanley on anytiming or whether the talks somehow broke off. i don't think that is going to happen, to bring in gary kaminsky, former top money manager at neuberger
. creditcards.com. >> i'm dennis kneale with our fox business brief. it's a big day for the markets with the blue-chips hitting an all-time high and blowing past it. the dow is up 149 at 14,277. bailed out and government owned fannie mae and freddie mac teaming up in a joint company venture for overseeing home loans, the first step towards shrinking the government's role in mortgage finance. the new company would merge fannie and freddie's bond units and would be a separate entity spun off from those two. >>> same day delivery failing to lure online shoppers. a survey from boston consulting group says one. hottest e-commerce trends is too expennive for most americans. when would get them to shop online more, nearly 75% surveyed said free delivery. thank you, amazon. that is the latest from fox business, giving you the power to prosper lori: say it ain't so. is the "oracle of omaha" losing his midas touch? fox business senior correspondent charlie gasparino here with a look at the performance of warren buffett. >> you know, he is supposedly a great investor. i'm sure he is. he doesn'
treasurys. >> i'm dennis kneale with your fox business brief. durable goods orders surged up almost 6% in february, far better than expected and a rebound from the almost 5% plunge in orders the month before. durable goods include cars, dish walkers and other products built to last three years or more. >>> the federal reserve is pressing citigroup to improve its anti-money laundering controls demanding citi submit a plan to improve companiwide oversight. the federal order expands on similar orders given to individual citigroup units last year. citigroup said it made substantial progress in strengthing compliance. >> ipo fund-raising jumping 50% this year. new stock issues raised $23 billion so far up from $15 billion in the same period last year. says dealogic the data firm. that is the latest from fox biz, giving you the power to prosper adam: you know that old tag line, dude, you're getting a dell? there will be a lot of dudes. the battle for dell. charlie gasparino joins us on the phone with the latest for the bidding war for the computer-maker. here's charlie. >> where's my intro.
different. dennis kneale joins those with more. dennis: you call this history? the history channel is breaking in record high ratings on two new dramas. "the bible" and "vikings". it is working. "the bible" bringing and 13 million viewers from its purveyor and "vikings" 6.2 million fans. eat your hearts out. hitting some of the highest numbers in channel history. it is joined by amd that works. disney's stock is up more than 50% in the past year. the history channels formula for success more and more is leaving history behind. some of its better-known or popular shows include "pawn stars" and "swamp people". tracy: it is a formula that is working, that is for sure. dennis, thank you so much. your dow is up. liz claman is going to take you through the last hour of trading. we have john from emerald wolf. countdown to "the closing bell" is next. don't go anywhere. the local financial house on stocks, bonds, and insurance... and then saw it blow away with the first winds of economic change. when mary lost her husband, she invested in real estate. but when the housing bubble burst... s
.com. >> i am dennis kneale with your fox business brief. philip morris international names andre as the company's new chief executive. he will replace the current ceo who will remain as chairman following the company's annual shareholders meeting on may 8th. >>> apple's ceo tim cook will testify in the government lawsuit against the tech giant over alleged price fixing in the ebook market. a district court judge granting the justice department's request compelling cook to testify. >>> shares of silver spring networks are soaring in their wall street debut. the energy company opened at $22 a share on the new york stock exchange. 29% above the ipo price. silver spring works with utility companies to create what is known as smart grids that help lower costs and increase efficiency. that is the latest from fox business, giving you the power to prosper lori: where is meredith whitney, remember her? she is promising a ratings agencies. nowhere according to securities & exchange commission. fox business senior correspondent charlie gasparino with the story. >> we should point out a lot
that just be what the leader expects to get out of this? >> we don't know what he expects to get out. dennis rodman may have a better sense of hat is on his mind. it is the most dangerous period when you don't know what their reaction is likely to be to a test or a normal girl rescheduled exercise. if you don't know how he is going to interpret that the prospects or potential for miscalculation really escalates sharply. we have to be very very careful that people don't misread signals here. 2010, the north korean attack on south korean navy ship, that was not just fun and games and hot air. 46 south korean sailors died. dagen: it was not fun and games when dennis rodman was sitting next to kim jong un and. i never found that amusing. that is going to be our ambassador and tell the president to call me, the entire thing -- >> very scary. his father always understood that the cost of any confrontation greatly outweighed whatever benefits north korea could achieve. we don't know the sun is making the same calculation. dagen: great to see you. have a terrific weekend. the consumer financial pro
. from td ameritrade. >> i'm dennis kneale with your fox business brief. united airlines ceo is crediting the airline mergers for making airlines profitable. speaking at an aviation conference united ceo jeff smisek said mergers brought rationality to the aviation industry. too many airlines have been chasing too few passengers. >>> boeing ceo jim mcinerney says the company is, quote, very close to getting the 787 dreamliner back into the air. mcinerney said it will be sooner rather than later. he is confident the redesigned battery fix being tested will satisfy the faa. >>> and food stamp enrollment continues to climb in the u.s. close to 50 million americans enrolled in the supplemental nutrition assistance program as of december. that is up 70% since 2008. 15% of americans now using food stamps, costing almost $75 billion a year. that is the latest from fox biz, giving you the power to prosper adam: charlie gasparino says people on wall street are hawking what they say is sure pet to double your money. should you listen to all of the hype? charlie is here to answer that question. >> th
of it. nbc universal has won the lawsuit. dennis dennis: 50 shades of green, a courtroom victory for the triumph of high art. though you may have trouble in this case telling which is which. comcast universal wins a victory in court against a small-time company accused of ripping off shades of gray. universal making an r-rated film based on the book. the studio didn't take kindly to smash pictures which was filming 50 shades of gray. smash has agreed to pay an undisclosed sum to universal and agreed to submit to an injunction halting production. vivid entertainment one of the largest porn producers produces x rated spoofs of spider-man and the like. but smash made the mistake of using the same character names as in the book and calling the film an adaptation rather thatten a -- rather than a parody. the author of 50 shades of grey gives advice on how to write and leaves pages blank so you can keep a personal journal. which makes me think this follow up should have been called 50 shades of red for embarrassment. ashley? ashley: you know what? she's laughing all the way to the bank
are frighten and angry and protesting. dennis's parents were born in cyprus. my parents were born in cyprus's as well. we'll follow this issue is really not about cyprus but about the whole globe as well. >> obviously. that's the whole point. >> thank you, dennis. >> thank you, nicole. >> a key issue and we'll follow the russian story as well. lori: thank you, nicole, for sharing your story. didn't know your folks are from cyprus. melissa: since his election in 2002, the new york city mayor michael bloomberg has initiated a number of health proposals. now he is proposing to ban cigarettes from being displayed in his stores. they're hiding cigarettes. is that going to prevent people from smoking or is this another instance of mayor bloomberg's big government meddling? let's get the verdict from judge napolitano. andrew napolitano. >> i'm chuckling a little bit. this follows nicely from nicole's wonderful interview with the trade representative from cyprus. the same mentality it can just steal 10% of what you have in your bank account, thinks it can tell you how to live and take care of your
'm dennis kneale with your fox business brief. shares of chesapeake energy are trading down on news the sec is investigating the company and its ceo aubry mcclendon. regulators are notifying the company that an informal inquiry has gone into a formal investigation. the sec is looking into a program where mcclendon received a share in every well that chesapeake drilled. >>> u.s. factories expanding for the third month in a row and at the fastest pace since june 2011. the institute for supply manage anti-index of manufacturing activity rose to 54.2. >>> sacramento mayor kevin johnson getting financial help in the fight to keep the nba kings to from moving to seattle. ron berkle and they are offering to buy the kings from the current owners the maloofs and keep them in sacramento. that is the latest -- lori: cyber attacks are on the rise and efforts to stay ahead of hackers are in high gear. adam shapiro is live from santa clara, california, where he has exclusive access to mcafee's world headquarters. adam? >> in the last hour we told you about project blitzkrieg which an engineer here at mca
to the cyprus bailout president was dennis. he's the former cyprus trade representative to the u.s. and current vice chairman of the cyprus u.s. chamber of commerce. that is coming up in the 1:00 p.m. eastern time hour of "markets now." bracing for a retirement crisis. workers saving far too little. we'll have that story for you. and tax pain. the rich paying a big chunk of the federal pie. just how much and is it fair? curtis dubay, heritage foundation senior tax analyst will be joining me as we bring you part two of a week long series, tax pain. >> 30 past the hour. stocks every 15 # minutes issue and nicole is watching energy names. those names are red today. nicole? >> i'm going to show you the energy index, down there while gold, for example, is higher. mostly going to gring you to transocean to show you that it's one of the losers here, and we've seen all of these energy names with down arrows, but we're walking here to transocean, which, right now, is down 1.8%. you can see it there. that's certainly one of the laggards. we are seeing energy names under pressure, and a lot of the other n
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